Israel Defense BriefingPlease join the U.S. Commercial Service to learn about business opportunities with Israel's Ministry of Defense and the Israel Defense Forces. This 75 minute webinar will provide you in-depth insights on where to find procurement opportunities and how to register as a listed vendor to the "Mission NY”.
| | Date: Tuesday, March 7, 2023 Time: 11:00-12:15pm Eastern time Cost: $25 |
Webinar Agenda and Speakers Israel celebrates its 75th Independence Day in 2023
Background on Israel's Defense SectorIsraeli defense spending averages approximately $15B-$18B per year (national funds). In addition, the United States provides Israel $3.3B annually in Foreign Military Financing (FMF). As of June 2022, Israel has 618 active Foreign Military Sales (FMS) cases valued at $26.4B. Israel’s military and commercial activities with the U.S. defense industry are strong and include commercial contracts with major U.S. companies. The local industry sources quality components and sub-systems, presenting export opportunities to U.S. suppliers of high-quality components that can be integrated into Israeli systems. In June 2022, for the first time ever, a major U.S.-based defense company, Leonardo DRS, announced its planned acquisition of a significant Israeli defense technology company, RADA. The country’s defense industry is dominated by three companies: Israel Aerospace Industries (IAI), Rafael Advanced Defense Systems (both parastatals), publicly owned, and Elbit Systems. The companies offer a diverse portfolio of products and services, including space and airborne reconnaissance systems, radar systems, UAVs, avionics and electro-optical systems, munitions, tanks and armored personnel carriers. They produce structural components and parts and operate maintenance, repair and upgrade facilities. In addition, there are several hundred small and medium sized enterprises active in the sector. Leading subsectors include: aircraft parts, air-control technology, electronic components for land, air and sea platforms, airborne and ground-based engines, electro-mechanical devices, microwave components, and sensors. Source: Israel Country Commercial Guide, U.S. Commercial Service
For more information, please contact: Melissa Grosso Director, U.S. Commercial Service, Connecticut Office
Melissa.Grosso@trade.gov or 860-638-6955
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